Can a “cashless economic system” actually increase the already-rampant-crime gush?
Tons of people have traditionally relied on a small cash handout to survive. This long queue of informal, unaccounted, unaudited recipients stretches from ordinary “beggars” at street intersections, crosses over to car guards at every conceivable (and many inconceivable!) parking spots, packers at supermarket tills, waiters at restaurants, bellboys and room-service attendants at hotels, and even unemployed shack dwellers, eking out a gruesome, grisly “living” alongside railway tracks, waiting for some kind soul to fling a tickey or two out of the window.
“Cashless” implies that mostly credit and debit cards are now being used for payment, so carrying any form of cash is becoming redundant, with the outcome of a not-too-small segment of society being deprived of meagre handouts…